6/09/2010 @ 6:00PM

The 10 Best State Tax Deals For Seniors

Retiree Specials

Seven states (Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming) have no state income tax. Tennessee and New Hampshire tax only dividend and interest income. Many other states compete for seniors with special breaks, with 27 exempting all Social Security and a smaller number exempting some or all pensions, retirement account withdrawals and even investment income. The result: Retirees pay, on average, just half the state income tax as workers with the same income. These 10 states offer the best senior specials.